OneStream Review
March 30, 2024

OneStream Review

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with OneStream

We're in the middle of implementing OneStream for Global Financial Close and Consolidation module as well as Task Manager. We're currently consolidating in Excel and OneStream should be able to help us to do this in the system. Next phase would include People Planning and Budgeting/Forecasting. We're still evaluating whether Account Reconciliations is something we would implement.
  • Consolidation
  • Workflows
  • Good structure for activities done by the end users
  • Easy to pick up simple task of navigating around
  • The application seems a bit more technical for business users
  • Great structure within the system that's done by using the workflows.
  • Going from Consolidation in Excel to the Global Consolidation in the system
  • Workflows allow tasks assigned to those responsible
  • A need for a more technical / IT resource to support the system has been identified which was not expected
OneStream is much more robust, has functionality around creating financial statements in Common Currency which other systems we used could not handle. OneStream has a really good structure around it. We believe it's a much better fit for a Global company of our size. We're just scratching a surface of what the system capabilities are.

Do you think OneStream delivers good value for the price?

Yes

Are you happy with OneStream's feature set?

Yes

Did OneStream live up to sales and marketing promises?

Yes

Did implementation of OneStream go as expected?

Yes

Would you buy OneStream again?

Yes

Financial Planning / Forecasting, People Planning, and Financial Close and Consolidation are well suite while we are still evaluating GL Account Reconciliations and other solutions available via the Solution Exchange. Overall, we believe OneStream is going to allow us to "get out of excel" and perform Global Consolidation in the system.

OneStream Feature Ratings

Long-term financial planning
Not Rated
Financial budgeting
Not Rated
Forecasting
Not Rated
Scenario modeling
Not Rated
Management reporting
Not Rated
Financial data consolidation
10
Journal entries and reports
8
Multi-currency management
9
Intercompany Eliminations
8
Minority Ownership
9
Local and consolidated reporting
8
Detailed Audit Trails
10
Financial Statement Reporting
9
Management Reporting
8
Excel-based Reporting
10
Automated board and financial reporting
Not Rated
Personalized dashboards
9
Color-coded scorecards
9
KPIs
9
Cost and profitability analysis
Not Rated
Key Performance Indicator setting
Not Rated
Benchmarking with external data
Not Rated
Flat file integration
10
Excel data integration
10
Direct links to 3rd-party data sources
10
Pixel Perfect reports
8
Customizable dashboards
9
Report Formatting Templates
9
Drill-down analysis
10
Formatting capabilities
10
Report sharing and collaboration
10
Publish to Web
9
Publish to PDF
10
Report Versioning
10
Report Delivery Scheduling
10
Pre-built visualization formats (heatmaps, scatter plots etc.)
Not Rated
Location Analytics / Geographic Visualization
Not Rated
Predictive Analytics
Not Rated
Multi-User Support (named login)
Not Rated
Role-Based Security Model
8
Multiple Access Permission Levels (Create, Read, Delete)
9
Report-Level Access Control
9
Single Sign-On (SSO)
10
Responsive Design for Web Access
Not Rated
Dashboard / Report / Visualization Interactivity on Mobile
Not Rated